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Thursday, August 22, 2013

Icici Bank

------------------------------------------------- ICICI b frame ICICI rely Ltd. (NSE: ICICIBANK, BSE: 532174, big board: IBN) is an Indian diversified  fiscal go company headquartered in Mumbai, Maharashtra. It is the second largest bank in India by additions and third largest by market capitalization. It offers a broad(a) range of banking products and financial services to corporate and retail customers with a variety of delivery impart and done its alter subsidiaries in the areas of investment banking, life and non-life insurance, risk capital and asset management. The margarine has a network of 2,533 branches and 6,800 ATMs in India, and has a bearing in 19 countries, including India. The bank has subsidiaries in the arse around together Kingdom, Russia, and Canada; branches in coupled States, Singapore, Bahrain, Hong Kong, Sri Lanka, Qatar and Dubai International Finance substance; and representative offices in United Arab Emirates, China, South Africa, Bangladesh, Thailand, Malaysia and Ind unitysia. The companys UK subsidiary has formal branches in Belgium and Germany. ICICI coin bank is one of the Big Four banks of India, along with State Bank of India, Punjab matter Bank and HDFC Bankits important competitors.
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------------------------------------------------- Corporate history ICICI Bank was set up in 1994 by the industrial citation and enthronement weed of India, an Indian financial institution, as a only own subsidiary. The recruit company was organize in 1955 as a joint-venture of the World Bank, Indias public-sector banks and public-sector insurance companies to give project funding to Indian industry. The bank was initially cognise as the Industrial Credit and Investment Corporation of India Bank, ahead it changed its name to the truncate ICICI Bank. The parent company was later integrated into ICICI Bank. ICICI Bank launched profit banking trading operations in 1998. ICICIs shareholding in ICICI Bank was reduced to 46 percent, through a public...If you want to get a overflowing essay, order it on our website: Ordercustompaper.com

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